Almost three years ago taxi medallions sold for almost 1 million dollars in New York. Nowadays the price of a medallions has decreased dramatically; the main reason being ride sharing apps (Uber, Lyft, Via, Gett, and Juno.) Taxi drivers are currently in a crisis trying to balance paying off medallions and maintaining a steady income. Although taxi drivers don’t have anything against their competitors and new technology, they do wish the new ride sharing apps were held to the same standards.
Do you think ride sharing drivers should have the same regulations as taxi drivers?
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Good Luck to our client and friend Hervias, one of those leading the battle for yellow taxi drivers.
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